What is Pegasus Technologies?
Pegasus Technologies operates as a full-service IT department for its clients, offering a wide spectrum of services from cloud and server migrations to end-user support. The company emphasizes 24/7 support and proactive, preventative IT care for organizations typically ranging from 5 to 300 computers. They also specialize in addressing the unique technology needs of larger enterprises. Pegasus Technologies partners with decision-makers to develop and implement long-term technology plans and budgets, taking full responsibility for the day-to-day management of IT infrastructure. The company actively seeks clients who recognize technology as a critical driver of operational efficiency and hires skilled IT professionals adept at understanding client needs and communicating effectively.
How much funding has Pegasus Technologies raised?
Pegasus Technologies has raised a total of $9.9M across 3 funding rounds:
Other Financing Round
$5M
Other Financing Round
$4.8M
Debt
$150K
Other Financing Round (2005): $5M with participation from Pentel, HGST, and Nippon Venture Capital
Other Financing Round (2006): $4.8M led by Cedar Fund and Nippon Venture Capital
Debt (2020): $150K supported by PPP
Key Investors in Pegasus Technologies
Nippon Venture Capital
Nippon Venture Capital (NVCC) is an open innovation platform that connects startups, large corporations, and academia, established in 1996 to support the next generation of entrepreneurs and venture companies in Japan through a neutral and multifaceted approach.
Cedar Fund
Cedar Portfolio is an investment firm that partners with founders and management teams of startups, providing early-stage investments and support as they develop their companies. The firm takes pride in its collaborative approach, helping to build successful businesses from the ground up.
HGST
Undisclosed investor participating in the funding round.
What's next for Pegasus Technologies?
The recent major strategic investment indicates Pegasus Technologies is poised for significant expansion and potentially new service development. This capital infusion will likely fuel initiatives aimed at enhancing their service offerings, expanding their geographic reach, and further solidifying their position as a leading IT solutions provider in the region. The company's focus on hiring well-rounded technicians and its commitment to continuous employee training suggest a strategic approach to scaling operations and maintaining a high standard of service delivery in the ever-evolving technology landscape.
See full Pegasus Technologies company page